33.95% inflation rate

  1. No Relief for Nigerians as Inflation Soars to 33.95% in May

    Nigeria No Relief for Nigerians as Inflation Soars to 33.95% in May

    Nigeria's inflation rate hit 33.95% in May 2024, the highest since 2005, piling pressure on households amid economic struggles. Food costs drove the increase, exacerbated by supply issues and forex shortages. The data highlights the persisting challenges facing the new administration. Nigeria's...
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